Employee Benefits in Sweden 2020 Summary The Swedish social security system is an integral part of the country’s welfare system and is classified into two types: the universal and social insurance system (old system) and unified social insurance, and the individual notional and mandatory individual...
Employee Benefits in France 2020 Summary The Belgian social security system covers a large proportion of the country’s population and plays a significant role in its employee benefits landscape.However, the recent debt crisis in the European Union (EU) member states had an adverse impact on the employee...
Employee Benefits in Portugal, 2020 Update Summary The Portuguese social security system is based on universality; it ensures that the social protection provided by the system is available for everyone.It consists of the Public Social Security System, the Social Action System, and the Supplementary...
Employee Benefits in Dominican Republic 2020 Summary The Dominican Republic has a comprehensive social security system.There are three schemes under which social security benefits are granted to the country’s residents and citizens: a contributory scheme that covers employees; a contributory subsidized...
Employee Benefits in Estonia 2020 Summary Estonia has a well-developed social security system that covers the risks of employees, self-employed persons and their family members.The Estonian social protection system includes pension, health, and unemployment insurance. Pension and health insurance...
Employee Benefits in Israel 2020 Summary The Kingdom of Israel has an extensive social security system, which aims to provide every citizen with a decent standard of living in line with Islamic principles.Its small population and high gross domestic product (GDP) allow the Kingdom to provide employed...
Employee Benefits in Chile 2020 Summary Chile was one of the first countries in the Americas to set up state-sponsored social security coverage.The country’s pension system consists of multiple pillars - a non-contributory first pillar, a fully-funded second pillar, and a voluntary third pillar. In...
Employee Benefits in Germany 2020 Summary Germany has a well-developed social security system.Both companies and employees equally contribute to social security schemes. Employees have to primarily contribute to nine statutory social security organizations: the statutory health insurance fund,...
Employee Benefits in Croatia, 2020 Update Summary The social security system plays an important role in providing employee benefits to the people of Croatia.The benefits are provided in terms of retirement, death, disability, work injuries and occupational diseases, maternity and paternity, sickness,...
Employee Benefits in Slovakia, 2020 Update Summary Following independence in 1993, the Slovak government reformed taxation, healthcare, pensions, and the social welfare system.These reforms helped the government to consolidate the budget and move towards joining the EU in 2004. The country...